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Giuseppe La Loggia and Cross-Border Renewable Investment in European Energy Markets

Giuseppe La Loggia and Cross-Border Renewable Investment in European Energy Markets
Photo Courtesy: Giuseppe La Loggia

Europe’s renewable energy sector has expanded across national borders rather than within them, with generation, capital and policy now moving through interconnected markets. In 2025, renewables accounted for close to half of net electricity generation in the European Union, at around 47 per cent, according to Eurostat’s figures. However, growth has been uneven: Spain and Italy have played a larger role in solar energy because of their climates and earlier policy support. That unevenness has pushed investors to think in regional rather than national terms.

Cross-border work in energy is rarely straightforward. Permitting regimes, grid access rules, and contractual conventions differ from one country to the next. Even so, Europe has become one of the most active regions in the world for renewable infrastructure investment. A substantial share of the renewable capacity added globally over the past two decades has been built here, with solar and wind accounting for the bulk of it.

From Law to Investment

Giuseppe La Loggia has worked across that environment through legal, development, and investment roles. He began his career at Chiomenti Studio Legale, advising on corporate and energy matters and structuring renewable energy transactions involving investors from diverse jurisdictions. That early exposure to cross-border legal work shaped his later move into direct investment.

From 2008, he worked with SunRay Renewable Energy and, after its acquisition, SunPower Corporation, during the company’s expansion in Europe. The Italian and Spanish solar markets were growing rapidly at the time, driven by early subsidy schemes. As a director of SunPower’s Italian business, La Loggia oversaw investments to expand the business to more than 300 MW of solar capacity, coordinating construction partners, suppliers, and financiers across several countries. In 2010, as a director of Andromeda Srl, he led the structuring of a €230 million solar project bond, which Project Finance International named the European Project Bond Deal of the Year, the first transaction of its kind in the Italian market.

Between 2012 and 2017, he was a director at Octopus Investments in London, overseeing a renewable portfolio that grew into one of the largest in Europe, with more than a gigawatt of solar capacity across the United Kingdom, France, and the mainland. The period coincided with the steepest decline in solar costs the industry has seen; the International Renewable Energy Agency has estimated a nearly 90 per cent decline in utility-scale solar costs between 2010 and 2022, a shift that made large-scale deployment viable without heavy reliance on subsidies.

In 2018, he joined EOS Investment Management as Senior Partner and head of clean energy infrastructure. The firm has since expanded its renewable portfolio across Italy and Spain to more than a gigawatt of operating and development-stage assets. It has transacted with counterparties including Lightsource bp, Obton, and Capital Dynamics. That activity reflects a broader European pattern in which renewable assets are originated, operated, and recycled across institutional portfolios rather than held statically.

Policy and Market Structure

Policy has shaped how these markets function. The European Green Deal and the 2021 European Climate Law set a target of cutting emissions by at least 55 per cent by 2030 relative to 1990 levels, which requires sustained investment in generation, grids and storage across member states. Italy and Spain have each expanded renewable energy deployment under national recovery plans aligned with those goals, and the resulting frameworks have made cross-border investment more common.

Financial structures have become more standardised in the process. Power purchase agreements, construction contracts and long-term asset management arrangements are now widely used, enabling investors to manage risk consistently across different regulatory systems. La Loggia’s work has taken place within that environment, where investment design must align legal structures, financing terms and operational performance across multiple markets simultaneously.

EOS’s activity in Spain illustrates the approach. High irradiation and improvements in grid infrastructure have made the country a major solar market, and Italy has followed a similar path in utility-scale expansion, with EOS investing in projects in regions such as Sardinia and Lazio. Such projects are structured to balance operational performance with long-term returns while allowing capital to rotate into new development.

Taken together, La Loggia’s career traces the way renewable energy investment in Europe now operates as a connected system rather than a set of separate national projects. Legal structuring, financing, and development have become increasingly difficult to separate, and his roles have moved through each of those layers in turn, from advising on transactions to leading the investment that drives them.

Kivo Daily

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